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European Parliament to criminalize physical cash use by imposing limit on cash transactions. Individual nations in Europe appear keen on curtailing the use of cash.

April 1, 2023 3:38 pm by IWB

by: Arsenio Toledo

(Natural News) A member of the European Parliament (MEP) has warned that the European Union (EU) is in danger of “criminalizing” the use of physical cash in favor of using digital currencies with its new anti-money laundering laws.

Politicians in the European Parliament, the EU’s main legislative body, have long been campaigning to impose an upper legal limit on the value of cash transactions within the bloc, claiming that such a move would help curtail criminality within the bloc.

The latest proposal the European Parliament has voted on prevents Europeans from spending over 7,000 euros ($7,617) in the physical tender as part of a single transaction and bans cryptocurrency transactions paying for goods and services that are valued over 1,000 euros ($1,088). (Related: State legislatures are sneakily introducing amendments to laws that would pave the way for CBDC domination.)

Dr. Gunnar Beck, a German MEP from the conservative Alternative for Germany (AfD) Party, warned that the new measure, which is supposedly meant to clamp down on money laundering and tax evasion within the bloc, has gone too far in curtailing how much people can spend cash.

In a statement made in Breitbart Europe, Beck pointed out how the AfD welcomes additional efforts to tackle financial crimes like money laundering and terrorist financing, but rejects the parliament’s call to put legal limits on single cash transactions.

“While we should focus on money laundering by organized crime and Islamist terrorists, the EU chooses to tighten its surveillance of German savers and pensioners transactions,” remarked Beck. “This is a mistake.”

Beck further warned how the main proponents of limits on cash transactions are attempting to force the entire bloc to support this by passing “a regulation instead of a directive.” This means that individual nation-states will not be able to avoid implementing these reforms, even if they are very much against preventing their citizens from using physical legal tender within their own countries.

EU Parliament to push cash transaction limit further down

Beck further warned that many EU parliamentarians have already rejected the 7,000 euro-limit on single cash transactions. He warned that the original proposal would have put the limit down to just 3,000 euros ($3,267). Fortunately, thanks in part to pressure from the AfD and other conservative parties in the European Parliament, this limit was increased to the current 7,000 euros.

Outside of the EU’s main political institutions, individual nations in Europe appear keen on curtailing the use of cash. In Germany, politicians are currently debating on whether or not a legal limit on cash transactions is a good idea.

In the Netherlands, cash transactions over 3,000 euros have already been banned. In France, residents are legally prohibited from paying for goods or services with cash if the transaction costs more than 1,000 euros.

Outside of Europe, Australia is considering implementing a ban on cash transactions worth more than AU$10,000 ($6,696).

Learn more about the expansion of government-sponsored digital currencies at CryptoCult.news.

Watch this episode of “Brighteon Broadcast News” as host Mike Adams, the Health Ranger, discusses how the government has declared war on cryptocurrencies to make way for central bank digital currencies.

But how can they call on him (Jesus Christ) to save them unless they believe in him (Jesus Christ)? And how can they believe in him (Jesus Christ) if they have never heard about him (Jesus Christ)? And how can they hear about him (Jesus Christ) unless someone tells them?” —Romans 10:14

In His Service,

Night Watchman

Paul Rolland

Night Watchman Ministries

Make Your Decision for Christ NOW!!!!!!! Time is Up!!!!!!!

Jesus Christ’s Offer of Salvation:

The ABCs of Salvation through Jesus Christ (the Lamb)

A. Admit/Acknowledge/Accept that you are sinner. Ask God’s forgiveness and repent of your sins.

. . . “For all have sinned, and come short of the glory of God.” (Romans 3:23).

. . . “As it is written, There is none righteous, no, not one.” (Romans 3:10).

. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us.” (1 John 1:8).

B. Believe Jesus is Lord. Believe that Jesus Christ is who He claimed to be; that He was both fully God and fully man and that we are saved through His death, burial, and resurrection. Put your trust in Him as your only hope of salvation. Become a son or daughter of God by receiving Christ.

. . . “That whosoever believeth in him should not perish, but have eternal life. For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his son into the world to condemn the world; but that the world through him might be saved. (John 3:15-17). For whosoever shall call upon the name of the Lord shall be saved.” (Romans 10:13).

C. Call upon His name, Confess with your heart and with your lips that Jesus is your Lord and Savior.

. . . “That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation.” (Romans 10:9-10).

. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us. If we confess our sins, he is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness. If we say that we have not sinned, we make him a liar, and his word is not in us.” (John 1:8-10).

. . . “And he is the propitiation for our sins: and not for ours only, but also for the sins of the whole world. (John 2:2).

. . . “In this was manifested the love of god toward us, because that God sent his only begotten Son into the world, that we might live through him. And we have seen and do testify that the Father sent the Son to be the Saviour of the world. Whosoever shall confess that Jesus is the Son of God, God dwelleth in him, and he in God.” (1 John 4:9, 14-15).

. . . “But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. Much more then, being now justified by his blood, we shall be saved from wrath through him. For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.” (Romans 5:8-10).

. . . “For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.” (Romans 6:23).

. . . “Jesus saith unto them, I am the way, the truth, and the life, no man cometh unto the Father, but by me.” (John 14:6).

. . . “For I am not ashamed of the gospel of Christ: for it is the power of God unto salvation to everyone that believeth.” (Romans 1:16).

. . . “Neither is there salvation in any other: for there is none other name under heaven given among men, whereby we must be saved.” (Acts: 4:12).

. . . “Who will have all men to be saved, and to come unto the knowledge of the truth for there is one God, and one mediator between God and men, the man Christ Jesus.” (1 Timothy 2:4-6).

. . . “For God did not appoint us to suffer wrath but to receive salvation through our Lord Jesus Christ.” (1 Thessalonians 5:9).

. . . “But as many as received him, to them gave the power to become the sons of God, even to them that believe on his name.” (John 1:12).

True Church / Bride of Christ Spared from God’s Wrath:

 Romans 5:8-10. “But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. Much more then, being now justified by his blood, we shall be saved from wrath through him. For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.”

Romans 12:19. Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord.

1 Thessalonians 1:10. And to wait for his Son from heaven, whom he raised from the dead, even Jesus, which delivered us from the wrath to come.

1 Thessalonians 5:9. For God hath not appointed us to wrath, but to obtain salvation by our Lord Jesus Christ,

Romans 8:35. Who shall separate us from the love of Christ? shall tribulation, or distress, or persecution, or famine, or nakedness, or peril, or sword?

Jeremiah 30:7. Alas! for that day is great, so that none is like it: it is even the time of Jacob’s trouble, but he shall be saved out of it.

Revelation 3:10 Because thou hast kept the word of my patience, I also will keep thee from the hour of temptation, which shall come upon all the world, to try them that dwell upon the earth.